Key stats
About ProShares S&P 500 Ex-Health Care ETF
Expense ratio
0.09%
Home page
Inception date
Sep 22, 2015
ISIN
US74347B5654
SPXV launched in September 2015 as part of the ex-sector suite from ProShares, which seek to represent the US large-cap space without exposure to a specific sector. The fund starts with the S&P 500 index constituents. From this selection universe, companies are classified by sector according to GICS and those under health care are excluded from the portfolio. Selected securities are market-cap-weighted and rebalanced quarterly. SPXN might be used either speculatively when you want to bet on the underperformance of the health care sector, or complementary when you already have large positions in the health care industry, and are looking to diversify.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region